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People - Heidrick & Struggles

October 23, 2007

Heidrick & Struggles International Inc., (NASD: HSII) announced that Laurent Longin has joined as a principal with its Industrial Practice team, based in Chicago. This is Longin's second tenure with Heidrick & Struggles. Longin left Heidrick & Struggles in 2005 to work with Owens Corning, where he...

New York County has highest average weekly wage

October 22, 2007

New York County NY posted the highest average weekly wage of U.S. counties at $2,821 in the first quarter of 2007, the U.S. Bureau of Labor Statistics reported last week. It was followed by Fairfield County CT at $1,979 and Suffolk County MA at $1,659.

The county with the lowest average weekly wage...

Credit crunch, housing woes drag economy

October 22, 2007

Tightening credit and housing market woes are weighing on the economy, according to the National Association for Business Economics' industry survey of its members. Still, the survey found that skilled labor continued to be in short supply. One-third of respondents cited skilled labor as a shortage in...

Hiring expectations rise in Asia

October 22, 2007

Hiring expectations rose in Asian markets with the exception of Singapore where expectations remained steady, according to the Hudson Highland Group Inc. (NASD: HHGP).

In China, 64% of survey respondents planned to increase headcount in the fourth quarter, up form 60% in the prior quarter. In Hong...

Research from Staffing Industry Analysts

October 22, 2007

Here is a list of research reports released last week by Staffing Industry Analysts. Click on headline for the full list.

INSIGHT - Information Technology Staffing Profile and Prospects

This Insight delves into the size of the IT staffing market, gross margins, our forecast for growth in this segment,...

Kelly buys German firm

October 22, 2007

Kelly Services Inc. (NASD: KELYA) has signed a definitive agreement to acquire access AG, a recruitment services company headquartered in Germany and with operations in Austria. The acquisition is expected to close by year-end. Estimated full year 2007 revenue is about $15 million.

Established in 1991,...

Gevity CEO resigns

October 19, 2007

The chairman and CEO of Gevity HR Inc. (NASD: GVHR), Erik Vonk, resigned effective immediately, the Bradenton FL-based professional employer organization announced today. Michael Lavington will take over as CEO and chairman. Lavington has been a Gevity director since 2006 and was named Gevity chief operating...

Economic gauge loses ground

October 19, 2007

The Economic Cycle Research Institute's forward-looking gauge of the U.S. economy for the week ended Oct. 12 contracted 0.4%. The index level was 139.9, down from 140.4 in the prior week. The ECRI gauge measures weekly changes in the economy according to a leading index level.

Idaho posts lowest jobless rate for third month

October 19, 2007

Idaho again posted the lowest unemployment rate among states, 2.3%, in September, the third month in a row, according to the U.S. Bureau of Labor Statistics. It was followed by Hawaii at 2.6%, Utah at 2.7%, and Montana and Virginia at 2.9% each. Michigan again had the highest unemployment rate among...

Robert Half revenue up 14.7%, profit nearly flat

October 19, 2007

Robert Half International Inc. (NYSE: RHI) reported revenue rose 14.7%, while net income rose less than a percent as selling, general, and administrative expenses grew faster than gross margins.

Revenue increased to $1.18 billion in the third quarter, up from $1.03 billion in the same period last year....